The Australian Taxation Office will continue to fight a decision that could leave it owing as much as $1 billion in refunds ...

The ATO has expressed concerns that some guarantee arrangements may be attempts to bypass Division 7A, leading to deemed ...

The AAT had held that a UPE to a corporate beneficiary was not a loan under Division 7A of the Income Tax Assessment Act. For further context, in the AAT case the taxpayer had a corporate ...

Division 7A is designed to ensure tax is paid on profits ... unanimous decision was a resounding win for the taxpayer and private groups across Australia,” said Paul Sokolowski, who leads ...